Sohu.com Reports Wider Losses Amid Decreased Revenues

Sohu.com suffers increased losses in Q4 2024, losing $21.29M. As revenues fall and costs rise, the outlook for Q1 2025 remains bleak, casting doubt on future stock performance.

Date: 18-02-2025

AI Rating: 4

Losses and Revenue Decline: Sohu.com Ltd reported a net loss of $21.29 million for the fourth quarter, widening from $12.62 million in the same period last year. This demonstrates a negative trend in profitability.

The company's revenues fell to $134.68 million, marking an 11% decline from $141.36 million a year earlier, indicating challenges in generating sales. This drop in revenue affects its overall financial stability and can lead to negative sentiment among investors.

Future Outlook: For the first quarter of 2025, Sohu.com has provided an outlook for a net loss between $16 million and $26 million and an adjusted net loss between $20 million and $30 million. These projections reinforce a negative view of the company’s forthcoming performance.

Brand advertising revenues are anticipated to decrease between 13% and 19% from last year, while online game revenues may decline by 2% to 11%. Such forecasts suggest continued operational struggles for Sohu.com.

Stocks: SOHU